Newsletter 12/24/2024

Newsletter 12/24/2024 Sponsored by SpeedTrader

Author

Mitchell Hennessey
December 24, 2024

Quote of the Day: "No one has ever become poor by giving." - Anne Frank

Merry Christmas Eve!!!! I believe I have been red every single Christmas eve since trading. That is insane and so this year I will not be ruining my Christmas lol despite the 3 small cap gappers that are over 100% and SPY that looks like it is in a gap/go day. See you Thursday!

SPY Levels:

No interest zone: 594.52 - 596.71

Above Targets: First target is 598.68 Second target is 599.9 Third target is 601.875 Reach Target is 604.37

Below Targets: First target is 593.09 second target is 591.85 third target is 590.99 Reach Target is 587.75

AMZN LEVELS: AMZN despite the pullback in the market AMZN has relative strength

No interest zone: 224.54 - 226.15

Above Targets: First target is 226.87 second target is 227.07 third target is 227.88 Reach Target is 229.63

Below Targets: First target is 224.07 second target is 223.67 third target is 222.91 Reach Target is 221.4


SpeedTrader is a sponsor for the Newsletter!! As many of you know, I trade small caps. I've been focusing on small caps using SpeedTrader as my go-to brokerage for the past 8 months, especially for shorting stocks. TD, ETRADE etc. are so unreliable. My fills were also terrible. I would see the price LOWER and still have trouble getting filled. I use SpeedTrader because they have TRUE Direct Market Access, so I can execute my trades. Plus, their customer service is top-notch —always there when I need them.

Check out the promo rate and full details by clicking on the banner/logo above or any of the links. Remember, I can only share what I personally use SpeedTrader for—I can't offer their services or answer questions about them directly.

This trade below is from November. I am able to route through FAN, ARCA etc. using SpeedTrader to help me get the best execution price. The commission rate posted on the link above is $.0015 per share when using code HUGHHENNE. Be sure to read the web page and/or contact SpeedTrader for details.

GOOD LUCK AND BE SAFE

H.H

“Hazard Zet Forward”

PLEASE READ: I am doing this because I love the community and enjoy talking about stocks. I have a right to talk about stocks and I’m going to do just that. Nothing is advice. I am not a financial advisor. This is not advice (seriously, i mean it). I am not a pro. I could be buying or selling any ticker mentioned at any time. One more time - I could be buying or selling any ticker mentioned at any time. I will do what I want and I want you to do what YOU want. Any money made / lost is the result of your personal decision - “Daily Newsletter” “Hugh henne” “Mitch Hennessey” or anyone / anything connected to any of those are not liable.